Coolblue again postpones IPO

Wednesday 13 October 2021 | 13:11 CET | News
Dutch electronics retailer Coolblue has again delayed its IPO. In a video statement, Coolblue director Pieter Zwart attributed the move to uncertainty in the financial markets, which would make investors hesitant about IPOs in the e-commerce sector. Although the CEO said he is confident in the company's course, he did not give a new date for the IPO.Reports said the IPO could go lower than earlier estimated, because the company expects to make less of a profit this year, amid staff shortages.

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Categories: General
Companies: Coolblue
Countries: Netherlands
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